For investors
Certified maize at scale, built on patent protected AI
We grade and certify maize from farm to warehouse. The network is live in India, our AI is patent protected and pilots are completed on three continents.
Traction
Numbers from the field
- 48,000+maize farmers in the network
- 56FPOs
- ~6,500 MTmaize sold
- 22% → 5%buyer losses, with warehouse management
- 20 min → 20 secquality check at processing units
- ₹200/tsaved on transport
What customers say
- Margin up 10 to 15%MCY Trader, Haveri
- 150 t (2022) → 350 t (2024)Attibylu FPO
- Funds against purchase ordersUduthadi FPO
Revenue
About 10x revenue growth since 2019/20
Revenue has grown about tenfold since 2019/20, from operations in India, as more buyers source certified lots and use our products.
~10xrevenue growth since 2019/20
Revenue model
Four ways we earn
Farmers use FarmGrade for free. Buyers, traders, warehouses, seed companies and processors pay.
Commission
A handling and supporting fee on maize trades matched and delivered through the platform.
Products: FarmGrade
Pay-per-use
Paid per quality certificate or per seed analysis.
Subscription
Recurring plans for quality certificates, seed analysis, warehouse management and business use of the maize advisor.
API integration
Our grading and maize models inside the customer’s own systems and agents.
Market
A large market, one crop
Demand is rising with India’s ethanol blending push. The global maize market is about USD 220 billion.
- ₹66,000 croretotal maize market in India (about USD 7.2 billion)
- ₹3,300 croreaddressable market in India, 5% of the total
- 38 → 45 MMTIndian maize production, 2022/23 to the 2025/26 goal
- 10–15%higher margin for buyers, reported by MCY Trader, Haveri (poultry feed)
Intellectual property
Patent and trademark protected
Patent protected
Our AI method for assessing maize quality from photos.
Trademark protected
The RootsGoods name and brand, and our mascot Trogo Frogo.
Pilots
Completed on three continents
Completed
- Karnataka
- Telangana
- Nigeria, with Bayero University
- Canada, with McGill University
Ongoing
- Punjab
- Gujarat
Planned
- USA
Pilots run with FPOs, buyers and research partners. Scaling in North Indian states continues through the Northern Science Cluster PI-RAHI (Office of the PSA, DST, GoI).
Pilots and roadmap
Where we are and what comes next
Done
- Pilots completed in Karnataka and Telangana
- Proof of concept completed with Bayero University (Nigeria) and McGill University (Canada)
- FarmGrade and LotGrade live
- Patent and trademark protection
Now
- Pilots in Punjab and Gujarat
- StoreSafe in pilot; Maize GPT pre-harvest advisory in beta
Next
- Pilot in the USA
- Scaling in North Indian states through the Northern Science Cluster PI-RAHI
- Maize GPT grain quality from photos
- MaizeAgent early access for processing industries
Investor deck
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We share the deck, financials and roadmap with investors directly. Tell us a little about yourself and we will be in touch.
